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Bank Systems & Technology February 1, 2007 Nancy Feig |
Financial Institutions Must Treat Payments Processing as a Business Line to Gain Competitive Differentiation As competition in the payments space continues to heat up, more and more banks will take an enterprise-wide view of the payments business and corresponding technology. |
Bank Systems & Technology September 30, 2006 Maria Bruno-Britz |
Information Integration Key for Banks in Consumer Payments Integrating customer information is key in order for banks to stay competitive in the consumer payments game, according to Christophe Uzureau, an analyst with Gartner. |
Bank Systems & Technology August 12, 2009 Maria Bruno-Britz |
Retail Payments Risk Forum Collaborates to Fight Payments Fraud The Atlanta Federal Reserve Bank's anti-fraud cooperative is designed to bring together thought leaders in the payments space to improve security. |
Bank Systems & Technology April 25, 2008 Nancy Feig |
Enterprise Payments Architectures Are Gaining Ground at Banks The aim of an enterprise payments architecture is to leverage technologies and services across the payments business and throughout the entire organization. |
Bank Systems & Technology October 1, 2007 Maria Bruno-Britz |
U.K. Faster Payments to Change Payments World Some experts see Faster Payments as a model for the rest of the world. |
Bank Systems & Technology February 1, 2007 Esther Pigg |
Meeting the Corporate Challenge With corporate customers challenging their financial institutions to provide a more-integrated, end-to-end array of payments origination, information management, clearing and dispute resolution solutions, 2007 will be an exciting time in the U.S. payments industry. |
Bank Systems & Technology December 1, 2006 Maria Bruno-Britz |
Corporates Want Standardized Remittance Data in Wire Transfers Businesses would be more likely to choose wire transfers for electronic payments if they were provided with more-standardized remittance information with wire payments, according to a joint study by The Clearing House Payments Company and the Federal Reserve Bank. |
Bank Systems & Technology September 27, 2004 Peggy Bresnick Kendler |
Clearing and Settlement Technology can be a powerful ally for banks looking to streamline their clearing and settlement processes and mitigate settlement risk. But to effectively compete in the global arena, financial institutions will have to adopt standards and work together. |
Bank Technology News January 2005 John Adams |
Processing: BB&T Cashes In Its CHIPS For a Better Backstop By reducing the costs of entry, banks can hook up with CHIPS and have a viable backup that's less expensive than in the past. |
Bank Systems & Technology February 1, 2007 Nancy Atkinson |
Aite Group: Wholesale Payments to Become More Electronified in 2007 In 2007, the B2B or wholesale payments industry will show greater movement toward e-payments this year. Financial institutions and the vendors that support them will concentrate on three key opportunities. |
Bank Technology News June 2007 Glen Fest |
The New BITS President Discusses Group's Agenda With a new risk industry veteran at the helm, the bank industry technology group shows signs of a stronger focus on security issues, while continuing established programs. |
Bank Systems & Technology September 17, 2008 Maria Bruno-Britz |
Banks Missing Out on $5bn Revenue Opportunity in Expedited Payments Banks will essentially lose the payments franchise to billers, says Javelin Strategy & Research, if they don't take advantage of the opportunities around expedited payments. |
U.S. Banker April 2009 Glen Fest |
Is BofA/ Wells Venture a Threat to ACH Network? A forthcoming joint payments venture between Wells Fargo and Bank of America, through which both banks will share a platform to process their automated clearing house transactions, continues to percolate debate. |
Bank Systems & Technology March 7, 2005 Phil Britt |
Breaking Down Barriers NACHA began 2005 with a new board that is developing a new strategic plan for The Electronic Payments Association and the ACH Network. |
Bank Technology News October 2009 John Adams |
Partnering to Conquer the World The automated corporate payments world is too vast to be dominated by a single bank, and for U.S. Bank that means a strategy of collaboration and standardization is the best way to grab share. |
Bank Systems & Technology February 1, 2007 Craig Vaream |
Electronification Is the Future In the coming year, it is clear that electronification will be the path to payments prosperity for both corporates and financial institutions alike. |
Bank Systems & Technology March 27, 2008 Maria Bruno-Britz |
International Payments Framework Organization to Standardize Cross-Border Payments The banking industry has experimented with payments standards for years. New initiatives for cross border payments are detailed. |
Bank Systems & Technology March 30, 2007 Maria Bruno-Britz |
Aite Urges Consolidation of Wire and ACH Systems A new study says convergence of wire transfer and ACH will lead to efficiency and cost savings for banks and their commercial clients. |
The Motley Fool October 12, 2010 Matt Koppenheffer |
Global Payments Shares Plunged: What You Need to Know Shares of payment processor Global Payments slipped more than 10% in intraday trading as investors digested worse-than-expected earnings. |
Bank Technology News July 2008 Shari Krikorian |
B2B Payments Face Major Transformation Across the globe, market forces such as innovation, the need for efficient cash flow management models, cross-border trade and new industry standards are shaping the future of the B2B payments industry. |
Bank Systems & Technology January 1, 2007 Maria Bruno-Britz |
Study: Banks Need New Ways to Gauge Customer Payment Preferences A recent study shows behavior models can help financial institutions understand clients better and can improve their competitive position in the payments business.. |
U.S. Banker April 2010 Glen Fest |
A Real Live Wire Corporate treasurers celebrate enhanced remittance data coming to B2B wires, but worry banks might be slow to change. |
Bank Systems & Technology July 29, 2008 Deena M. Amato-McCoy |
Experts Foresee Boom in Payment Service Hubs Payment service hubs could help banks overcome the traditional silos separating payments solutions and promote efficiency. |
Bank Systems & Technology March 10, 2004 Deena M. Amato-McCoy |
WesPay/Clearing House Deal Aims For Integrated Payments Structure Processors seek economies of scale as payments landscape undergoes transformation. |
Bank Systems & Technology February 27, 2006 Maria Bruno-Britz |
Stepping Closer to SEPA The Single European Payments Area will allow 500 million European Union citizens to purchase goods and services using the same direct debit product in any EU country. |
Bank Systems & Technology September 30, 2006 Maria Bruno-Britz |
Speaking the Same Language Banks are faced with a dilemma around the extent to which they should remain in the payments business. |
Bank Systems & Technology June 20, 2008 Maria Bruno-Britz |
NACHA's McEntee to Retire as CEO; U.S. Bank's Estep to Replace Him During his two decades on the job McEntee steered the organization through significant changes to the payments landscape, not the least of which was electronic check conversion. |
Fast Company Neal Ungerleider |
Square Reportedly Files For IPO Square, which offers credit card payments to small businesses, has become an increasingly powerful player in the crowded payments industry. |
Bank Technology News June 2001 Patricia A. Murphy |
New Push to Cut Paper Intensifies The checkless society is a fallacy, but slowly payments are going electronic... |
Bank Systems & Technology May 15, 2008 Maria Bruno-Britz |
Fox Chase Promotes Lynch to Chief Payments Officer Keiron Lynch will focus on helping customers understand the new payments landscape. |
U.S. Banker October 2006 Lee Conrad |
New Industry Index Aims to Quantify The Progress of Corporate Payments Companies still make most of their payments with paper checks, but new VICOR-commissioned research suggests a major change is afoot. Restless bankers are more than ready. |
Bank Systems & Technology February 11, 2009 Katherine Burger |
ACH Transaction Volume Grew in 4th Quarter of 2008 The number of ACH payments in the 4th quarter 2008 grew by 4.5 percent over the same period in 2007 |
Bank Systems & Technology March 18, 2009 Maria Bruno-Britz |
Banks Need a United Front to Succeed in Payments in the New Economy A panel of industry insiders at the SWIFT Operations Forum Americas agreed that collaboration among banks was key to mitigating risk and dealing with the new reality in the payments business. |
Bank Systems & Technology May 6, 2004 Cynthia Ramsaran |
2004 Fed Forecast: Enhanced Electronic Payments Claudia S. Swendseid, SVP of the Fed's Financial Services Policy Committee, spoke about the organization's goals for 2004 and what it is currently doing to move the financial services industry gracefully from paper to electronic checks. |
Bank Systems & Technology August 30, 2005 Ivan Schneider |
The United Banks of Europe How do you take the payments networks of 25 European Union countries - each with its own set of banking institutions, regulators and laws - and knit them together for clearing and settlement? Very carefully. |
Bank Systems & Technology August 30, 2005 Maria Bruno-Britz |
Commercial Payments: From Many, One All the major players - banks, corporations, regulators and vendors - are attempting to standardize and simplify the commercial payments process. But, everyone seems to have a different idea as to the best way to do so. |
The Motley Fool September 26, 2007 Ryan Fuhrmann |
Foolish Forecast: The Ledger on Global Payments In advance of Global Payments first-quarter results, analysts hope the payment processor firm has overcome the growth concerns of the past year. |
Bank Technology News September 2010 Michael Sisk |
The Fed Gets Involved with EMV If the U.S. government mandated the switch to digital T.V., why can't it mandate that credit and debit card issuers switch from magnetic stripe cards to chip-based payment cards that require a personal identification number for additional security? |
Bank Systems & Technology June 29, 2010 Penny Crosman |
PayPal Opens Payment Platform to Accept Non-PayPal Customers Developers of web and mobile applications can now use PayPal to accept credit card payments from those who don't have PayPal accounts. |
U.S. Banker January 2002 Mark Bruno |
IBM Moving Along with Identrus The business-to-business billing and payments industry isn't small change. Mark Greene, general manager of IBM's global banking, is well aware of this, and knows that IBM stands to make a pretty penny by getting the B2B payments business going... |
Bank Systems & Technology August 31, 2009 Maria Bruno-Britz |
With Rising Popularity of ACH Comes Rising Risk A discussion on the developments in the use of automated clearing house payments and how fraud here should be approached by banks. |
Bank Technology News October 2008 John Adams |
Banks Can Get Quick Fees for Fast Payments Many banks will likely adopt expedited electronic payments over the next year or so. Consumers pay a fee that's a fraction of a late penalty in exchange for having a bill removed from his or her checking account balance in real time. |
Bank Technology News April 2010 Karen Epper Hoffman |
P2P Tech Rollouts Are in Full Bloom When it comes to payments, several banks are ready to get a lot more personal. Whether customers are also ready is yet to be determined. |
Wall Street & Technology October 28, 2005 Jennifer Hooker |
Elliott Brings Payments Experience to Glenbrook Partners Former Visa VP Linda Elliott returned to the world of payments when she joined Glenbrook Partners financial services consulting and research firm. |
Bank Systems & Technology December 1, 2006 Nancy Feig |
SunTrust Beefs Up Business Banking Atlanta-based SunTrust Bank has enhanced its Online Cash Manager service to offer small and midmarket business users the ability to transfer payments and make cash advances among business checking accounts and commercial loans and lines of credit. |
Bank Systems & Technology August 24, 2006 Maria Bruno-Britz |
Americans Ready for Mobile Payments: Visa A recent survey conducted by Visa USA illustrates the increasing allure of mobile phones and consumers' desire to do more with them. Sixty-one percent of participants between the ages of 25 and 34 said they were interested in making purchases with their mobile phones. |
U.S. Banker January 2002 |
A Win for the Fed Even the Fed can make mistakes, as many Greenspan critics are only too happy to point out. But some mistakes can be happy ones -- and that's the good news from the Federal Reserve Bank of Boston... |
Bank Systems & Technology October 28, 2004 |
One Question For: Imre Mentsik, Bank Austria Creditanstalt How is your organization aiming to achieve leadership in cross-border payments processing? |
Bank Technology News March 2011 John Adams |
A Hub for New Channels Automation Hero Fundtech has developed a payment services hub solution called Global PAYplus, which provides SOA-based native support for payments that operate across multiple regions, channels and interfaces. |
Bank Systems & Technology March 12, 2009 Maria Bruno-Britz |
Deutsche Bank's GTB Offers Mobile Payments, Hires Emerging Payments Chief Deutsche Bank has teamed with Luup to enable the bank's global transaction banking clients to provide consumers with mobile payments and money transfer functionality. It also hired Ron van Wezel to oversee emerging payments. |